7. Funds of the Corporation

The Corporation shall have its own fund and it shall consist of all moneys received by way of gifts, bequests, testamentary dispositions, grants, donations, contributions, fees or contributions in cash or kind from local and foreign institutions and individuals, members and non members.

All moneys received shall be deposited in the name of the Corproation in one or more banks and be invested in any suitable manner to achieve the object of the Corporation as may be decided by the Board of Governors.

The Corporatin may establish a depreciation fund or sinking fund for the purpose of rehabilitation, development or improvement of the property of the Corporation.

All expenditure incurred by the Corporation in the exercise, performance and discharge of the powers, duties and functions of the Corporation shall be paid out of the fund of the Corporation.